Fintech
Kenya’s Turaco & Uganda’s Chipper Cash receive $60k each from Catalyst Fund for growth
Catalyst Fund, which invests in early-stage ventures working in the financial inclusion sector in emerging markets has selected Kenya's Turaco...
Why accepting mobile money in Sub-Saharan Africa is a game changer for Global Businesses
Last week, Cellulant announced its partnership with Adyen – a global payments company and Europe’s fastest growing Dutch-based fintech unicorn...
AfDB launches a $400m Africa Digital Financial Inclusion Fund to expand digital financial transactions in Africa
The African Development Bank and its partners on Wednesday launched the Africa Digital Financial Inclusion Facility (ADFI), designed to aid...
Velocity Capital, a Cellulant, Yoco & Mines investor unveils a €105M Fintech Ventures Fund for fintech startups globally
Netherlands-based Velocity Capital, an investor into Cellulant, Yoco & Mines has launched a €105M Fintech Ventures Fund to invest into...
goAfrica integrates Finserve’s Jenga Payment Gateway to power payments across Africa
goAfrica, a London-based B2B online ecommerce platform has fully integrated with Finserve's Jenga Payment Gateway to provide payment solutions for...
JUMO joins Google Launchpad Studio to accelerate adoption of AI & ML for financial inclusion
JUMO, a fintech platform connecting underserved markets with financial services has been selected for Google’s Launchpad Studio in a move...
Pesapal Sabi integrates Samsung Pay, Apple Pay, Google Pay & Fitbit Pay in new international push
Pesapal has integrated Samsung Pay, Apple Pay, FitBit Pay and Google Pay payments on its new tap-and-go, contact-less Sabi M010...
African startups invited to apply for Inclusive Fintech 50 competition
African startups have been invited to apply for the Inclusive Fintech 50 competition organized by MetLife Foundation and Visa Inc.,...
OyaPay releases new version, adds “Order Ahead” feature
OyaPay, an offline payment and checkout company, which lets users pay merchants with their smartphone by scanning a QR code,...
Cellulant Raises $47.5 Million Series C From The Rise Fund to Expand its Digital Payments Across Africa
Cellulant, a digital payments provider that reaches 40 million people across 11 African countries has sold a $47.5m stake to...
Singapore’s alternative credit scoring startup CredoLab raises US$1 million to expand into Africa
Singapore's CredoLab, a mobile-based alternative credit scoring solutions for banks, consumer finance companies, and retailers has raised US$1 million equity round from...
Connecticut Innovations Launches VentureClash, a $5 Million Global Challenge for Lagos Startups
Connecticut Innovations, a U.S. investor in early-stage technology companies has launched VentureClash, its global venture challenge in Nigeria targeting disruptive startups...
We Are Creating a Hybrid Financial Infrastructure That Is Equally Accessible and Efficient-Elizabeth Rossiello, CEO, BitPesa
Being ambitious is great. However, making that ambition a reality is one of the biggest challenges many people are currently...
Stay financially woke: A review of Cowrywise new savings app
Cowrywise is a platform (now includes an app) that allows you to save automatically, right from your bank account. They...
Pawame named semi-finalist for M.I.Ts Innovate for Refugees Competition
Off-grid solar company Pawame has been selected as a semi-finalist for the Innovate for Refugees Competition organized by the MIT...
Prudential Financial invests $1.5million in the emerging market-focused LeapFrog Talent Accelerator
Talent development is the single greatest challenge most firms in emerging markets face. To help solve these problems, LeapFrog Investments has...
Direct Pay Online Group acquires Setcom, its fourth acquisition in Southern Africa
Direct Pay Online Group (DPO) has mastered the fasted way of growth acquiring already exisiting companies with customers instead of...
Peer-to-peer lending platform Pezesha launches instant SMS loans capability for non-smartphone borrowers
Kenya's peer-to-peer lending platform Pezesha has unveiled a new feature allowing borrowers to apply for loans via SMS. The firm said...
What is the greatest challenge of the African FinTech Sector?
When I interview founders that have launched a startup in the FinTech sector, I am always eager to know what...
Big Data, the catalyst of Innovation and Success
Big Data as one of the most important digital trends is changing the business environment. Business entities no longer have...
Zazu raises £200,000 through crowdfunding platform Seedrs to launch a digital-only bank in Africa
Zazu, which began at the Ignite Accelerator as an e-commerce platform for farmers has raised over £200,000 for a 7.51% equity at a...
SolarNow raises $6m in debt financing from SunFunder, responsAbility and Oikocredit to expand its reach
SolarNow has received a $6 million facility lead by SunFunder with the participation of responsAbility Investments AG and Oikocredit to expand their pay-as-you-go or solar...
DFS Lab calls for applications for its third fintech bootcamp holding in Tanzania
DFS Lab, a fintech accelerator funded by the Bill and Melinda Gates Foundation is accepting applications for their third fintech...
Meet telecommunications Expert and an emerging women leader Topy Muga,
Financial inclusion and telecommunications expert Topy Muga is one of the TechWomen emerging women leaders in Africa. In fact, The...
Jumia to give online loans to its vendors across Africa to bolster its inventory
Rocket Internet-backed Jumia has launched an online lending programme for its merchants in Kenya, Nigeria, Egypt, Morocco and Ivory Coast...
Peer-to-peer marketplace Pezesha to participate at the Blackbox Connect 20 in Silicon Valley
Kenya's Pezesha.com a peer-to-peer micro-lending marketplace for Africa has been selected to participate at the upcoming Blackbox Connect 20 accelerator...
Oolu raises $3.2m Series A round from Persistent Energy Capital & Y Combinator to expand in West Africa
Y Combinator start-up Oolu, an off-grid solar companies in Senegal has raised $3.2m led by Persistent Energy Capital (PEC), and...
How to find Investors for your Startup
Africa has experienced a rampant rise of inventions and startups that have gone a long way from the...
DumaPay adds mVisa, simplifies online payments using Email Pay to take on Mula
Direct pay Online Group has revamped its little known payments app Dumapay pairing the card reader and the merchants’ phone...
WorldRemit partners Morocco’s Wafacash to expand instant money transfers across Africa
Digital money transfer firm WorldRemit has partnered with Morocco-based financial services firm Wafacash to scale up instant money transfers across...